My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
The bulls greeted 2009 with a bang, and all major indexes closed higher.
Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -7.28% thereby confirming the current bear market trend.
The international index now remains -17.77% below its own trend line, keeping us on the sidelines.
For more details, and the latest market commentary, as well as the updated No load Fund/ETF StatSheet, please see the above link.
Comments 2
Ulli I Thought this chart on elliott wave was interesting from Mishs global economic trend website. The address is http://globaleconomicanalysis.blogspot.com/2009/01/wave-4-theory-intact-as-market-shrugs.html
I would like to read your response as to if you think it has any merit. Snoobers
Yes, I think it has merit. As anything else when it comes to forecasting, however, you can never be 100% sure…
Ulli…